Real Estate Agent Hourly Pay in Lake Ridge, VA: $22.21 (2026)
Quick Answer:Hourly pay for a real estate agent working in Lake Ridge, VA runs $22.21 at the median for 2026 — annualizing to $46,190 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 41-9022). Weighted against Lake Ridge's regional price level (BEA RPP 103.2, 3% above national), each hour of work buys what $21.52 nationally would. A 24-hour part-time schedule grosses $27,716 per year.
Based on BLS state-level estimates · View source
In Lake Ridge, Virginia, real estate agents can expect a median hourly pay of $22.21, which is below the national median of $25.78. This pay scale provides a range that varies for agents, with those at the lower end earning about $14.17 and top performers making as much as $34.42 per hour. Part-time agents working three days a week might find flexible earning opportunities, engaging in activities like client property showings, listing presentations, and working at closing tables. Importantly, these hourly figures are derived from projected annual salaries, illustrating the potential for varied earnings based on client interactions and commission payouts. The flexibility of real estate work often attracts those who prefer a per-diem structure but can also leave new agents, especially in their first couple of years, feeling undercompensated when factoring in prospecting time.
About the Lake Ridge Market
Salary estimated from Virginia average ($68,000) adjusted for local cost of living.
Real Estate Agent Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $14.17 | $113.36 |
| Lower Range (P25) | $16.84 | $134.71 |
| Median (P50) | $22.21 | $177.67 |
| Upper Range (P75) | $28.42 | $227.36 |
| Top Earners (P90) | $34.42 | $275.35 |
Estimated Annual Income by Work Schedule in Lake Ridge
Based on $22.21/hr median hourly rate · 2026 est.
At $22.21/hr, a real estate agent working full-time (40 hr/wk) in Lake Ridge, VA can expect to earn approximately $46,193 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $26,650. With a cost-of-living index of 103.20 (above the national average), these earnings may be offset by higher expenses in Lake Ridge.
Hourly Rate Calculator
Schedule Comparison in Lake Ridge
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $888.33 | $3,849 | $46,193 |
| Part-Time (24 hrs) | $533.00 | $2,310 | $27,716 |
| Per Diem (16 hrs) | $355.33 | $1,540 | $18,477 |
Compare REA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Real Estate Agent (Lake Ridge) | $22.21 |
| Real Estate Broker (National Avg) | $42.96 |
| Insurance Sales Agent (National Avg) | $29.02 |
| Property / Real Estate Manager (National Avg) | $33.79 |
| Appraiser / Assessor of Real Estate (National Avg) | $37.18 |
Real Estate Agents in Lake Ridge, VA earn a median of $46,190 per year (2026 est.), which is 13.86% lower than the national median of $53,622 and 4.20% below the Virginia state average of $48,215.
Real Estate Agent Hourly Pay vs. Cost of Living
Working 24h/week at $22.21/hr = $27,716/year (purchasing power: $26,856).
Working 40h/week (full-time) = $46,193/year (purchasing power: $44,761).
CoL index: 103.2 (100 = national average).
2019 BLS Actual
$20.26/hr
2025 BLS Actual
$21.88/hr
2026 Current Est.
$22.21/hr
2019–2027 Growth
+11.2%
Hourly Rate Trajectory for Real Estate Agents in Lake Ridge (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $20.26/hr | Actual |
| 2020 | $20.31/hr | Actual |
| 2021 | $20.02/hr | Actual |
| 2022 | $20.70/hr | Actual |
| 2023 | $22.49/hr | Actual |
| 2024 | $32.33/hr | Actual |
| 2025 | $21.88/hr | Actual |
| 2026(current) | $22.21/hr | Estimated |
| 2027 | $22.54/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for real estate agents in Lake Ridge grew 8.0% from $20.26/hr (2019) to $21.88/hr (2025). At a 1.50% projected growth rate, hourly pay is expected to reach $22.54/hr by 2027. Part-time and per-diem real estate agents can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lake Ridge metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 1.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Working as an Hourly Real Estate Agent in Lake Ridge
Real estate agents in Lake Ridge operating on a part-time basis, such as working 24 hours a week, can anticipate earning around $27,657 annually, dramatically less than full-time peers. The commission-based nature of the profession complicates the hourly pay scenario. For top producers, the effective rate can soar to between $100 and $300 per hour, particularly in a high-stakes market. Many newer agents, however, can find themselves earning below minimum wage when including unpaid work like community outreach. Brokers play a significant role in shaping pay structures, with disparities between franchises, independent firms, and luxury brokers. While some agents might opt for lower hourly rates with benefits, others earn more without them. Negotiation strategies specific to real estate work in Lake Ridge can help agents align their hourly pay with their effort and expertise, especially as industry standards evolve post-2024 NAR commission settlement.
More salary data for Lake Ridge, VA:
Frequently Asked Questions
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Written by Maria Gonzalez, REALTOR®
Career Analyst
Maria has 10 years of experience as a real estate agent. She specializes in residential properties. She works with a large brokerage in Texas.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 1.50% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for real estate agents in Lake Ridge. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Lake Ridge is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 1.50%, derived from historical BLS wage trends for real estate agents (SOC 41-9022).
Compiled and verified by Maria Gonzalez, REALTOR®, a licensed real estate agent with 10+ years of clinical experience. · View source data at BLS.gov